White-collar crime overview
Contributors
The Bribery Act 2010 and associated white-collar crime legislation may have caused a headache for the c-suite but in-house teams have much to be thankful for.
‘The period in which the Bribery Act came in and its run-up recognised the need for significant uplift in capability, both technically and in breadth of compliance and legal functions and also required cost savings – insourcing a lot of that work is cheaper than outsourcing it,’ says Jonathan Peddie, a partner in Baker McKenzie’s disputes team and previously global head of financial crime at Barclays.
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